000 01443nam a2200157 4500
999 _c512127
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100 _aAhmad, Mahyudin
_912936
245 _aGlobalisation, economic growth, and spillovers: A spatial analysis
260 _bMargin
300 _a13(3), Aug, 2019: p.255-276.
520 _aThis article seeks to deepen our understanding of the globalisation–growth nexus as it extends the investigation to using a spatial econometric approach, hitherto rarely used in the globalisation literature. The objective of the article is to uncover not only the significant growth effects of globalisation but also its possible spillover effects onto neighbouring countries. Using a panel data set of 83 countries across a 30-year period and via a spatial autoregressive panel data method, this article estimates a standard growth model augmented with a parameter to capture the countries’ spatial dependence, whilst controlling for globalisation indices. The findings indicate a positive effect of economic globalisation, which is dependent upon the political settings in the countries under study. The spillover effects of globalisation across neighbouring countries are shown, both in geographical and institutional spheres. The article concludes with some policy recommendations. - Reproduced.
650 _aEconomic development
_912937
773 _aMargin
906 _aGlobalisation
942 _2ddc
_cAR